In a move signaling renewed transatlantic cooperation, former U.S. President Donald J. Trump and European Commission President Ursula von der Leyen finalized a wide-ranging trade agreement on Sunday.

The deal establishes a flat 15% tariff on automobiles and outlines major energy and investment flows between the U.S. and European Union.

Under the agreement:-

🇺🇸 The U.S. will export $150 billion worth of energy to Europe.-

🇪🇺 European companies will invest an additional $600 billion in U.S. sectors, with allocations expected across clean energy, infrastructure, and digital platforms.

While full implementation details are pending, both leaders emphasized economic synergy and strategic alignment. Ursula von der Leyen hailed it as a “framework that brings long-term stability,” while Trump underscored “real value for American workers and businesses.”

The automotive tariff, although uniform, has drawn mixed reactions from industry stakeholders. Analysts suggest it could reshape manufacturing priorities on both sides of the Atlantic.

The deal comes amid broader global discussions on fair trade, energy independence, and supply chain resilience. Further negotiations are expected on sector-specific exceptions and regulatory alignment.